Property Faces a Slow Reckoning as Interest Rates Rise
Wall Street Journal, Sept. 13, 2022–Carol Ryan (subscription)
For property owners, rising interest rates bring back uncomfortable memories of the years leading up to the 2008 financial crisis. Commercial landlords who learned useful lessons about debt since then—except to carry less of it—face a slow reckoning.
https://www.wsj.com/articles/property-faces-a-slow-reckoning-as-interest-rates-rise-11663060697